3700 MENCHACA RD TX 78704
| Owner | COMMUNITY PARTNERSHIP FOR THE HOMELESS INC |
|---|---|
| Parcel ID | 0404110148 |
| Short ID | 306050 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 27,272 SF |
| Land SF | 62,291 SF |
| Acres | 1.430 |
| Year Built | 1963 |
| Legal | LOT 1 BROOKWOOD PARK SEC 2 |
| Neighborhood | 06SC1 |
| Land | $3,737,460 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,737,460 |
| Improvement | $2,807,820 |
|---|---|
| Total Improvement | $2,807,820 |
| Market | $6,545,280 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,545,280 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,545,280 |
| Taxable Value | $6,545,280 |
|---|
Appreciation: Market value has risen +33.3% from $4,908,960 (2021) to $6,545,280 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family market over the same period.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 57% of market value ($3,737,460 land vs $2,807,820 improvements), about $60/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $6,545,280, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,377,815 by 2030, with an estimated annual tax burden around $0. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,900 SF | ✗ |
| 2ND | 2nd Floor | 13,356 SF | ✓ |
| 1ST | 1st Floor | 13,146 SF | ✓ |
| 591 | MASONRY TRIM SF | 3,200 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,783 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,460 SF | ✗ |
| 611 | TERRACE | 829 SF | ✗ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| FBSMT | Finished Basement | 770 SF | ✓ |
| 581C | STORAGE ATT COMM | 194 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,272,560 | $6,545,280 | -4.2% |
| Assessed Value | $6,272,560 | $6,545,280 | -4.2% |
| Land Value | $3,737,460 | $3,737,460 | +0.0% |
| Improvement Value | $2,535,100 | $2,807,820 | -9.7% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,272,560 | $6,272,560 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,272,560 | $3,737,460 | $2,535,100 | — | $6,272,560 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,545,280 | $3,737,460 | $2,807,820 | — | $6,545,280 | $— | not in county billing file ⓘ | Partial |
| 2024 | $5,727,120 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $5,318,040 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $5,045,320 | — | — | −$2,242,225 | $2,803,095 | $— | $5,249 | Verified |
| 2021 | $4,908,960 | — | — | −$2,105,865 | $2,803,095 | $— | $109,820 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2025 | +11.6% | +11.6% | ~100% | Not available | Partial |
| 2024 | +2.4% | +2.4% | ~100% | No billing data | Verified |
| 2023 | +7.7% | +7.7% | ~100% | No billing data | Verified |
| 2022 | +5.4% | +5.4% | ~100% | 0.1000% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.2% | +5.2% | +8.4% | +14.3% | 2025 | -4.2% | 2026 |
| Assessment Ratio | 100.0% | 78.2% | — | 100.0% | 2025 | 55.6% | 2022 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $5,249 | $57,535 | — | $109,820 | 2021 | $5,249 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,033,361 | ~$7,033,361 | ~0.0000% | ~$0 | +7.5% |
| 2027 | ~$7,557,838 | ~$7,557,838 | ~0.0000% | ~$0 | +15.5% |
| 2028 | ~$8,121,426 | ~$8,121,426 | ~0.0000% | ~$0 | +24.1% |
| 2029 | ~$8,727,040 | ~$8,727,040 | ~0.0000% | ~$0 | +33.3% |
| 2030 | ~$9,377,815 | ~$9,377,815 | ~0.0000% | ~$0 | +43.3% |
| 2026 | ~$6,902,455 | ~$6,902,455 | ~0.0000% | ~$0 | +5.5% |
| 2027 | ~$7,279,122 | ~$7,279,122 | ~0.0000% | ~$0 | +11.2% |
| 2028 | ~$7,676,343 | ~$7,676,343 | ~0.0000% | ~$0 | +17.3% |
| 2029 | ~$8,095,241 | ~$8,095,241 | ~0.0000% | ~$0 | +23.7% |
| 2030 | ~$8,536,997 | ~$8,536,997 | ~0.0000% | ~$0 | +30.4% |
| 2026 | ~$7,164,267 | ~$7,164,267 | ~0.0000% | ~$0 | +9.5% |
| 2027 | ~$7,841,791 | ~$7,841,791 | ~0.0000% | ~$0 | +19.8% |
| 2028 | ~$8,583,389 | ~$8,583,389 | ~0.0000% | ~$0 | +31.1% |
| 2029 | ~$9,395,119 | ~$9,395,119 | ~0.0000% | ~$0 | +43.5% |
| 2030 | ~$10,283,615 | ~$10,283,615 | ~0.0000% | ~$0 | +57.1% |
In 2025, this property's market value of $6,545,280 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 13× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $6,545,280 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,727,120 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,318,040 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $5,045,320 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,908,960 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |